Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.0 out of 5. Find out more about salaries and benefits at Munich Re. This rating has been stable over the past 12 months.

How satisfied are employees working at Munich Re?

85% of Munich Re employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Munich Re 4.3 out of 5 for work life balance, 4.1 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Munich Re?

Intern (77) , Underwriter (55) , Actuarial Analyst (28) , Internship (26) , Actuary (25) , Actuarial Intern (19) , Business Analyst (17) , Data Scientist (17) , Analyst (14) , Data Analyst (13) , Praktikant/in (13) , Senior Underwriter (12) , Consultant (11) , Manager (10) , Technical Accountant (10)

What are the pros of working at Munich Re according to real employee reviews?

"Benefits are good and group look after staff" ((in 99 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Great people in the industry" ((in 85 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 29 reviews))

What are the cons of working at Munich Re according to real employee reviews?

"Poor Management and corporate environment" ((in 22 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "Astonishingly bad leadership , completely absent in a time of crisis with an inability to communicate effectively (month long gaps between comms on staff reduction)." ((in 9 reviews)); "long hours and demanding projects" ((in 8 reviews)); "team turnover is extremely high and there is no career development in there." ((in 7 reviews))

What are employees saying about Munich Re layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Munich Re layoffs and their outlook for job security at Munich Re in 2026.

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Munich Re

Munich Re reviews

4.1

85% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

84% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.0

Diversity & inclusion

4.0

Compensation and benefits

3.6

Senior management

3.6

Career opportunities

Munich Re has an employee rating of 4.1 out of 5 stars, based on 886 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Munich Re employee rating is in line with the average (within 1 standard deviation) for employers within the Versicherungswesen industry (3.6 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

886 reviews

5.0

Jul 3, 2024

Great Experience

Associate actuary

Recommend

CEO approval

Business Outlook

Pros

Very good people and experience

Cons

Downtown Atlanta was not ideal for me

Munich Re Response

Dear former colleague, We’re glad you enjoyed working with the team and that you were able to gain valuable experience as an associate actuary in Atlanta. Your feedback is of utmost importance to us, and we wish you all the best in your future pursuits. Warm regards, Munich Re

4.0

Jul 3, 2024

Good Company

Actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

Fast paced, industry experts, lots of oportunities

Cons

Pay could be somewhat higher

Munich Re Response

Dear colleague, Thank you for sharing your feedback regarding your experience as an Actuarial Analyst in London. We are glad to hear that you are satisfied with our career opportunities. It is important for us to express our appreciation to our employees. This also includes fair compensation. Therefore, we thank you for your feedback regarding this point, it will help us to continuously improve as an employer. We are delighted that you are part of our team. Kind regards, Munich Re

4.0

Jul 3, 2024

Good environment

Life underwriter

Recommend

CEO approval

Business Outlook

Pros

Flexibility, Working hours (37.5) vacation day (31)

Cons

Low Salary Strong hierachy Hard career

Munich Re Response

Dear colleague, Thank you for your feedback. We’re pleased to hear that you appreciate the flexibility we offer and the respective vacation days. We take your feedback very seriously and would be grateful if you could give us more detailed insights as it will help us to continuously improve as an employer. Warm regards, Munich Re

Viewing 223 - 225 of 886 Reviews

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